US companies scramble to recoup billions after Trump cancels tariffs

Washington, DC – With the Biden administration’s decision to rescind the tariffs imposed by Trump on Chinese and European imports, major US companies have entered a heated race to recoup billions of dollars paid in recent years. Sources in Washington indicate that legal action and political pressure could continue for months before a compensation mechanism is established. Meanwhile, the automotive and electronics industries are expected to benefit significantly.

The companies, which include major global brands, have not hesitated to demand their rights. In fact, these companies consider the payments made without legal justification to be an enormous burden on their budgets. Furthermore, these payments could impact their expansion and investment plans in the US market.

Economic reports suggest that this dispute could become one of the largest trade compensation cases in US history. Close monitoring by Congress and the administration is expected to ensure fairness and protect the national economy.